Trade Patterns and Policies : Intra-Industry Trade and Foreign Direct Investment

Ono, Hiroshi; Kurata, Hiroshi

Economic Journal of Hokkaido University, 2006, 35, 1-17

Permalink : https://hdl.handle.net/2115/14859

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アクセス権	open access
URI	https://hdl.handle.net/2115/14859
タイトル	Trade Patterns and Policies : Intra-Industry Trade and Foreign Direct Investment
著者	著者名 Ono, Hiroshi
著者	著者名 Kurata, Hiroshi
言語	英語
キーワード	Intra-industry trade
	Multinational firms
	Wage differentials
	Market size
	Trade costs
	Trade policies
発行日	2006
出版者	Graduate School of Economics and Business Administration, Hokkaido University
収録物名	Economic Journal of Hokkaido University
巻(号)	35
ページ	1-17
抄録	This paper investigates the patterns of trade and effects of trade policies in a manufacturing industry whose market is monopolistically competitive. Solving the equilibrium solutions explicitly, we show the existence of relative fixed costs, which divide patterns of trade into either a regime with intra-industry trade or active multinational firms. Moreover, it is found that both intra-industry trade and activities by multinational firms are determined by wage differentials, market size, trade costs and relative fixed costs. Thus, politically changing any of these factors may affect both trade patterns and intra-industry trade or multinational activities. (JEL F23, F11)
資源タイプ	紀要論文
出版タイプ	Version of Record
PISSN	0916-4650
NCID	AA10772967